Larry Ellison Biography Net Worth Lifestyle
Larry Ellison, born on August 17, 1944, in New York City, is a prominent American entrepreneur and the co-founder of Oracle Corporation, a leading enterprise software company.
Early Life and Education
Ellison faced early life challenges, including being raised by his aunt and uncle in Chicago after his biological father abandoned the family. He attended the University of Illinois and later the University of Chicago but did not complete a degree at either institution.
Founding Oracle and Business Success
In 1977, Ellison co-founded Software Development Laboratories, which was later renamed Oracle Corporation. Under his leadership, Oracle became a dominant force in the database management industry, revolutionizing how businesses handle data.
Net Worth
As of February 2025, Ellison’s net worth is estimated at approximately $221.9 billion, making him one of the world’s wealthiest individuals.
Personal Life
Ellison has been married and divorced four times:
- Adda Quinn: Married in 1967; divorced in 1974.
- Nancy Wheeler Jenkins: Married in 1977; divorced in 1978.
- Barbara Boothe: Married in 1983; divorced in 1986. They have two children together, David and Megan Ellison.
- Melanie Craft: Married in 2003; divorced in 2010.
Children
Ellison’s children, David and Megan Ellison, have established themselves in the film industry:
- David Ellison: Founder of Skydance Media, known for producing major films like “Mission: Impossible” and “Star Trek” reboots.
- Megan Ellison: Founder of Annapurna Pictures, recognized for producing critically acclaimed films such as “Zero Dark Thirty” and “Her.”
Lifestyle and Interests
Ellison is known for his extravagant lifestyle, including owning luxury properties, yachts, and even the Hawaiian island of Lanai. He is also an avid sailor, with his team, Oracle Team USA, winning the America’s Cup in 2010 and 2013.
Philanthropy
Ellison has made substantial donations to various causes, including medical research, education, and wildlife conservation. He has also signed The Giving Pledge, committing to donate the majority of his wealth to charity.
Recent Developments
Ellison continues to play a significant role in Oracle as the executive chairman and chief technology officer, focusing on advancing the company’s cloud computing technologies.